Spenders or thrifters: As Singles’ Day nears, are China’s shoppers about to drop?
SHANGHAI (Reuters) – China is gearing up for the biggest shopping event of the year on Sunday, a day dominated…
One trillion yuan: China state carmaker FAW gains huge credit line
BEIJING/SHANGHAI (Reuters) – China’s state-owned automaker FAW Group said it signed a deal with 16 banks for a credit line…
Slump persists, China fails to stimulate markets hobbled by pledged shares
SHANGHAI (Reuters) – China is struggling to restore confidence in its stock markets, which are being weighed down by a…
China moves to lift confidence as economic growth hits weakest pace since 2009
BEIJING (Reuters) – China’s economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving…
McConnell says Senate Republicans might revisit Obamacare repeal
WASHINGTON (Reuters) – Republicans could try again to repeal Obamacare if they win enough seats in U.S. elections next month,…
Unwelcome guest: U.S. tariffs loom at China’s biggest trade fair
BEIJING (Reuters) – Amid gathering gloom over the state of the Chinese economy, exporters of motorcycles, tractors, photocopiers and Christmas…
U.S. to seek currency chapters in trade talks with Japan, others: Mnuchin
NUSA DUA, Indonesia (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday that Washington wants to include a provision…
Mnuchin says U.S. will seek currency provision in trade deal with Japan, others
NUSA DUA, Indonesia (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday Washington would like to include a provision…
Mexico says new U.S. trade deal won’t block other economic relations
MEXICO CITY (Reuters) – Mexico’s Foreign Minister Luis Videgaray told his Chinese counterpart in a phone call on Saturday that…
China echoes IMF pledges to avoid using currency as trade war tool
NUSA DUA, Indonesia (Reuters) – China’s top central banker on Saturday pledged to keep the yuan currency’s value “broadly stable,”…
IMF members pledge to avoid using currencies as trade weapon
NUSA DUA, Indonesia (Reuters) – The International Monetary Fund said on Saturday its members pledged to refrain from competitive currency…
Australia launches inquiry into mental health’s impact on productivity
MELBOURNE (Reuters) – Australia has commissioned an inquiry into the impact mental illness has on economic productivity, the government said…
Danske shares slide as U.S. criminal inquiry spooks investors
COPENHAGEN (Reuters) – Danske Bank’s (DANSKE.CO) deepening money laundering scandal dragged its shares to a four-year low on Friday as…
Strong U.S. job growth expected in September; wages seen rising
WASHINGTON (Reuters) – The U.S. economy likely created jobs at a brisk clip in September, with the unemployment rate probably…
Dollar and global bonds track surge in Treasury yields, stocks sag
LONDON (Reuters) – A rise in U.S. Treasury yields to their highest levels since mid-2011 pulled global bond yields higher…
Powell: U.S. outlook ‘remarkably positive’ with low unemployment, tame inflation
BOSTON (Reuters) – U.S. Federal Reserve Chairman Jerome Powell on Tuesday hailed a “remarkably positive outlook” for the U.S. economy…
Oil near four-year high as Washington’s Iran sanctions loom
SINGAPORE (Reuters) – Oil markets were firm on Tuesday, with Brent crude holding near four-year highs reached the previous day…
U.S. new home sales rebound in August, but trend softening
WASHINGTON (Reuters) – Sales of new U.S. single-family homes rebounded in August after two straight monthly declines, but the underlying…
Fed likely to lift rates, possibly end ‘accommodative’ policy era
WASHINGTON (Reuters) – With the Federal Reserve widely expected to raise interest rates on Wednesday, financial markets are focused on…
Oil above $80 lifts stocks, offsets trade and bond market chill
LONDON (Reuters) – European shares rose and Wall Street was set for a stronger open on Tuesday, as oil above…
Uber’s strongest growth comes in depressed Argentina — minus commissions
BUENOS AIRES/SAO PAULO (Reuters) – Uber’s fastest-growing market in the world is now Argentina, company executives say, attributing the expansion…
White House optimistic on China trade; no date for more talks
WASHINGTON (Reuters) – The United States is optimistic about finding a way forward in its trade dispute with China, but…
Global shares knocked after new U.S. tariff threat on Chinese goods
LONDON (Reuters) – European share markets followed Asian counterparts lower on Monday as investors took fright at news Washington was…
Trump ‘likely’ to announce new China tariffs as early as Monday: source
WASHINGTON (Reuters) – U.S. President Donald Trump is likely to announce new tariffs on about $200 billion on Chinese imports…
Take Five: World markets themes for the week ahead
LONDON (Reuters) – Following are five big themes likely to dominate the thinking of investors and traders in the coming…
U.S. producer prices post first drop in one-and-a-half years
WASHINGTON (Reuters) – U.S. producer prices unexpectedly fell in August, recording their first drop in 1-1/2 years, as declines in…
Oil prices rise on declining U.S. crude stockpiles, looming Iran sanctions
SINGAPORE (Reuters) – Oil prices rose on Wednesday following a report of declines in U.S. crude inventories and as looming…
Oil up as U.S. drilling stalls, Iranian sanctions bite
LONDON (Reuters) – Oil prices rose on Monday as U.S. drilling stalled and investors anticipated lower supply once new U.S.…
Oil climbs as U.S. drilling stalls, Washington sanctions against Iran loom
SINGAPORE (Reuters) – Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed…
China’s record trade surplus with U.S. adds fuel to trade war fire
BEIJING (Reuters) – China’s trade surplus with the United States widened to a record in August even as the country’s…
U.S. trade deficit rises to five-month high on declining exports
WASHINGTON (Reuters) – The U.S. trade deficit increased to a five-month high in July as exports of soybeans and civilian…
U.S. oil prices rise as Gulf oil rigs evacuated ahead of hurricane
SINGAPORE (Reuters) – U.S. oil prices rose on Tuesday, breaking past $70 per barrel, after two Gulf of Mexico oil…
Oil prices higher as U.S. sanctions limit Iran exports
LONDON (Reuters) – Oil prices rose on Monday, supported by concerns that falling Iranian output will tighten markets once U.S.…
Oil falls on rising output from OPEC and United States
SINGAPORE (Reuters) – Oil prices fell on Monday amid rising supply from OPEC and the United States, outweighing concerns that…
Trump ready to ratchet up China trade war with more tariffs: report
WASHINGTON (Reuters) – U.S. President Donald Trump is prepared to quickly ramp up a trade war with China and has…
Predicting Trump: Chinese turn to fortune tellers to divine trade war
SHANGHAI (Reuters) – As analysts crunch trade data and political commentators dissect official statements for signs of how the Sino-American…
World stock index at highest in over five months on trade deal
NEW YORK (Reuters) – An index of major world stock markets rose to its highest level in more than five…
Fed’s Powell defends policy of gradual interest rate hikes
JACKSON HOLE, Wyo. (Reuters) – Federal Reserve Chairman Jerome Powell on Friday defended the U.S. central bank’s push to raise…
U.S., China to resume trade talks in Washington amid low expectations
WASHINGTON (Reuters) – U.S. and Chinese officials are set to resume contentious trade talks on Wednesday under the cloud of…
Asia stocks capped, dollar droops following Trump comments
TOKYO (Reuters) – Asian stocks were capped and the dollar dipped on Tuesday after U.S. President Donald Trump accused China…
Exclusive: Trump doesn’t expect much from China trade talks this week
WASHINGTON (Reuters) – U.S. President Donald Trump does not expect much progress from trade talks with China this week in…
Exclusive: Trump demands Fed help on economy, complains about interest rate rises
WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he was “not thrilled” with the Federal Reserve under his…
China sacks six senior officials at food and drug regulator over vaccine scandal
SHANGHAI (Reuters) – China said on Saturday it has sacked six senior officials at its food and drug regulator after…
Greece set to exit bailout, still faces daunting challenges
ATHENS (Reuters) – Greece exits the last of its three bailouts on Aug. 20 and hopes to be able to…
For Greece’s austerity-hit elderly, bailout will never end
ATHENS (Reuters) – With two euros in his pocket, Yorgos Vagelakos, an 81-year-old retired factory worker, scouts the farmer’s market…
Asia shares, euro under water as Turkish lira sinks
SYDNEY (Reuters) – Asia share markets skidded and the euro hit one-year lows on Monday as a renewed rout in…
Chinese state media slams Trump for ‘extortion’ in trade dispute
BEIJING (Reuters) – Chinese state media on Monday lashed out at U.S. President Donald Trump’s trade policies in an unusually…
China won’t accept U.S. trade ‘blackmail’: state media
BEIJING/SINGAPORE (Reuters) – China’s state media said on Saturday the government’s retaliatory tariffs on $60 billion of U.S. goods showed…
Iran’s parliament summons Rouhani as economy falters under U.S. pressures
LONDON (Reuters) – Iranian lawmakers have given President Hassan Rouhani one month to appear before parliament to answer questions on…
Trump eases car tariff threat as U.S., EU launch talks to quell trade tensions
WASHINGTON (Reuters) – In what the EU chief called a “major concession,” U.S. President Donald Trump agreed on Wednesday to…
Shares get China stimulus boost, bonds show the strain
LONDON (Reuters) – World shares climbed for a third day running on Tuesday, as China promised fiscal action to support…
China says threats, intimidation on trade will never work
BEIJING (Reuters) – Threats and intimidation on trade will never work on China, its foreign ministry said on Monday, after…
Amazon, Toyota, Alcoa and others working to counter Trump’s tariff plans
SAN FRANCISCO/WASHINGTON (Reuters) – Big companies in the United States from Amazon.com Inc (AMZN.O) to Toyota Motor Corp (7203.T) and…
Japan shares jump as yen bows to strong dollar
SYDNEY (Reuters) – Asian shares followed Wall Street higher on Wednesday as a bullish outlook from the head of the…
Boeing gets $3.9 billion contract for new Air Force One jets
WASHINGTON (Reuters) – Boeing Co (BA.N) has received a $3.9 billion contract to build two 747-8 aircraft for use as…
Beijing urges U.S. firms in China to lobby Washington over trade war
BEIJING/SEOUL (Reuters) – China on Thursday said foreign firms operating in China would suffer in a trade war, urging U.S.…
China says will hit back after U.S. proposes fresh tariffs on $200 billion in goods
BEIJING/WASHINGTON (Reuters) – China accused the United States of bullying and warned it would hit back after the Trump administration…